(IDEX Online) - A thief working his first shift at a cutting and polishing unit in Surat walked off with rough diamonds, valued at $5,000.He'd responded to a job ad on social media and was given 550 packets of rough diamonds to work on, according to a report in The Times of India.He told three fellow workers he was going out for food during a night shift, at 2am on 2 March, but never returned...Read More
(IDEX Online) - Alrosa's rough shipments to India have reportedly resumed, with payments being made in euro via banks in Germany.Supplies were suspended following Russia's invasion of Ukraine last month and the subsequent removal of Russian banks from SWIFT, the mechanism that enables foreign currency transactions.Alrosa, a third-owned by the Russian government, has now started shipping...Read More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Less oil = more coal. It isn't quite as simple as that but a squeez...Read More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining TMC said it expected "production readiness" in the fourth quarter o...Read More
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has stopped drilling at its Minera Vizcachitas project in central Chile after an environment court asked it to suspend its project operations in an order that deals with the protection of the Andean cat, a threatened species. The court order relates to the impact on the the habitat of the vizcachas, a small rabbit that is part of the food chain for the A...Read More
The shutdown of the Canadian Pacific Railway's (TSX: CP; NYSE: CP) operations due to a wage and pension-related dispute with its union will negatively impact the country's mining industry, one of the largest railway customers, miners and analysts say.The Mining Association of Canada (MAC), which includes about 50 of the nation's leading mining companies has expressed "serious concern regarding the...Read More
Barrick Gold (TSX: ABX; NYSE: Gold) has reached an agreement with the Pakistan government to restart Balochistan's Reko Diq project, which hosts one of the world's largest undeveloped open pit copper-gold porphyry deposits. According to Barrick CEO Mark Bristow, the project, which was suspended in 2011 due to a dispute over the legality of its licencing process, could be in production in five t...Read More
Osisko Metals (TSXV: OM; OTC: OMZNF) has provided further results from definition drilling at its Pine Point base metals project in the Northwest Territories. The program required to upgrade deposits currently classified as the inferred mineral resource category to the indicated category, so that they can be included in an upcoming feasibility study.The latest results are based on drilling in late...Read More
Wolfden Resources (TSXV: WLF) has received results from last year's drilling at the Big Silver project in Maine, where the company holds the mineral rights to a land package of over 800 acres in Washington County, close to the New Brunswick border.The fall/winter program included a total of eight holes in some 1,750 metres across several different target types. Part of the objective was to determi...Read More
A group of chemists at Tsinghua University have developed a nano-scale structure that combines copper, gold and silver to work as a superior catalyst in a reaction whose performance will be essential if carbon capture efforts are to succeed in helping to mitigate global warming.In a study published in the journal Nano Research, the team behind the development explains that they focused on a chemi...Read More
Auteco Minerals' (ASX: AUT) updated resource estimate for its flagship 70%-owned Pickle Crow project "positions it as a potential world-class gold deposit situated within a tier-one mining jurisdiction," says Darren Cooke, the company's chief operating officer.The Australian junior's latest drilling campaign at Pickle Crow in northern Ontario, about 400 km north of Thunder Bay, intercepted high-gr...Read More
We have lent a grave ear to the war coverage these past three weeks. And we have concluded Mr. Putin's unfolding crimes are atrocious.All civilized men condemn them. And let the record reflect: We are with the civilized - even if we are not necessarily among the civilized.Yet this war coverage has likewise left us confused... and puzzled. But why? Who can be confused or puzzled?Here you have Vladi...Read More
Dear Outsider,Beethoven's Symphony No. 5 is one of the most recognizable pieces of classical music.You know the tune...Dah-dah-dah-dum. Dah-dah-dah-dum!As the tune was written between 1804 and 1808, Beethoven's hearing had already started to deteriorate.Living in Vienna and searching for a remedy to his ailment, the composer wrote this to a childhood friend who had then become a doctor...For the l...Read More
Agricultural powerhouse Brazil is nervously watching the impact of Russia's war on Ukraine, uncertain whether the upside -- an expected boost to Brazil's corn exports -- will outweigh the hit to its crucial fertilizer imports.Read full newsRead More
(IDEX Online) - Sanctions may have a limited impact on the overall supply and demand of diamonds, says Stephen Lussier, chairman of the Natural Diamond Council (NDC), and outgoing executive vice president for brands and consumer markets at De Beers Group."There are a lot of markets that aren't going to follow the EU and US lead [on sanctions] and some consumers aren't going to be influen...Read More
(IDEX Online) - Signet has announced a boycott of diamonds and precious metals from Russia.The move came as it announced a steep hike in revenue for the last quarter, with total sales of $2.8bn, largely driven by a post-Covid wedding surge.The world's largest retailer of diamond jewelry - parent company to Kay Jewelers, Zales, Jared, Direct, JamesAllen.com and others - now accounts for 9.3 pe...Read More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The rabbit, or perhaps jerboa, this time is 52.9 billion-pound [of...Read More
Barrick's former joint venture partner Antofagasta Minerals decided not to participate in the reconstituted project as its growth strategy is focused on the production of copper and by-products in the Americas. Antofagasta acquired the project in February 2006 through the acquisition of Tethyan Copper for US$140 million and simultaneously entered into a 50:50 joint venture with Barrick Gold. Tethy...Read More
Jaime Leverton, CEO of Hut 8 Mining, joins BNN Bloomberg to discuss the company's revenue growth. She also describes the company'sfuture plans to diversify into Web3 ecosystem with the recent acquisition of TeraGo Data.Read full newsRead More
Jaime Leverton, CEO of Hut 8 Mining, joins BNN Bloomberg to discuss the company's revenue growth. She also describes the company'sfuture plans to diversify into Web3 ecosystem with the recent acquisition of TeraGo Data.Read full newsRead More